Emirates NBD Economic Environment and Business Outlook

Improving loan and deposit mix Gross Loans by Type (AED bn) 5% Key Highlights Gross lending up 5% in H1-23 Retail lending up 12% with strong demand across all products Corporate lending up 8% on strong origination with fewer repayments - DenizBank's TL gross loans up 24%. Gross loans down 3% after FX Deposit franchise is a proven key strength of ENBD with AED 53 bn growth in H1-23 including an impressive AED 37bn increase in CASA balance - CASA represents 61% of total Group deposits DenizBank's TL deposits up 63%. Deposits down 2% after FX . 463 470 479 457 456 66 66 69 73 67 DenizBank 91 94 95 101 107 Retail 124 114 113 116 112 ■Sovereign ■Corporate - 182 183 179 180 193 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Deposits by Type (AED bn) 11% Gross Loans by Sector (%) 538 556 Agri 1% 503 468 481 Other 3% 80 DenizBank 89 82 73 79 26 Manuf. 5% 22 Other 13 16 19 139 Time 118 114 128 133 Trans & Services 12% Trade 7% ■CASA Construction & Hotels 5% 264 272 274 293 311 FI & Mgmt Cos 10% Real Estate 9% Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Net Loans by Geography (%) Sovereign 23% Personal 25% International 23% GCC 2% UAE 75% 21

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